# Idle Free Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/idle-free-systems

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Madison, US
- Website: www.idlefreesystems.com
- Total disclosed funding: $0.6M
- Latest round: Series A (May 18, 2008)
- Investors on record: 1

## About

Idle Free Systems develops advanced electric Auxiliary Power Units (APUs) to minimize idling in heavy-duty vehicles, improving fuel efficiency and reducing environmental impact for the transportation industry.Idle Free Systems specializes in creating electric Auxiliary Power Units (APUs) that help reduce idling in heavy-duty vehicles. The company was founded in 2003 and is headquartered in Madison, US. In July 2014, Phillips & Temro Industries, part of Audax Private Equity, acquired Idle Free Systems without disclosing financial terms. The founder's detailed history is not available, and there have been no mentioned pivots in business strategy or operations. The company has completed a total of 3 deals with its latest round being a funding round of USD 1.30 mn, which represents the total amount raised to date.Idle Free Systems specializes in high-performance electric Auxiliary Power Units (APUs) designed to reduce idling in heavy-duty vehicles, particularly those used in the transportation and logistics sectors. Their offerings include electric APUs that provide power for heating, cooling, and auxiliary systems without the need for the engine to run, significantly lowering fuel consumption and emissions. The company serves a diverse client base, including fleet operators and trucking companies in North America and parts of Europe, where stringent emissions regulations and rising fuel prices create demand for efficient idling solutions. The products are engineered for durability and performance, contributing to the sustainability efforts of their users.Idle Free Systems generates revenue primarily through direct sales of their electric APUs to businesses in the transportation sector. The sales structure typically involves B2B transactions where fleet operators purchase units for their vehicles, often supplemented by maintenance contracts and after-sales services to ensure optimal performance. Revenue is derived from the flagship electric APU systems, along with partnerships that may facilitate bulk procurement with large logistics companies. Their pricing plans reflect the sophisticated technology and energy savings provided, catering to clients focused on reducing operational costs while complying with environmental standards. The business model emphasizes long-term relationships with clients for recurring revenue through service agreements and product upgrades.Following its acquisition in July 2014, Idle Free Systems aims to leverage recent funding to innovate and expand its product offerings. The company plans to design and launch new models of electric APUs, with a focus on enhancing energy efficiency and performance in the coming years. Additionally, Idle Free Systems is targeting expansion into new geographic regions, specifically looking to penetrate markets in Asia and South America by 2025. This growth strategy is supported by the capital raised from the last funding round, which is intended to facilitate research and development, as well as marketing efforts to establish a presence in these emerging markets.

## Funding rounds

- Series A, May 18, 2008, $0.6M — Kegonsa Capital Partners

## Investors

- Kegonsa Capital Partners (https://capitalatlas.ai/funds/kegonsa-capital-partners) — Series A